October 2 - USA Today - So much for the credit crunch killing the merger boom. Canada's TD Bank said Tuesday that it's buying New Jersey-based Commerce Bancorp for $8.5 billion. That came a day after cellphone maker Nokia said it is buying digital mapmaker Navteq for $8.1 billion.
Such deals show that while merger-and-acquisition dealmaking took a breather in August and September, as some buyers had trouble borrowing money, the M&A market is on the comeback. "Suddenly things are looking good," says Richard Peterson at Thomson Financial. "Deals are getting done." Read More.
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